INDIANAPOLIS — State officials recently announced the sale of the state-owned land at the former GM Stamping Plant site to Elanco Animal Health for $27 million. The agreement enables Elanco and its partners, including Purdue University, to accelerate the creation of an innovation district in downtown Indianapolis.
With this sale, the land transitions into private ownership, while the State continues as an active partner supporting the site’s future development through the Indiana Office of Commerce.
Anchored by Elanco’s global headquarters, the district will intentionally connect research institutes, pilot-scale facilities, diagnostic labs, and animal clinical care with a vibrant community of offices, housing, retail and green space.
In 2022, Elanco bought and began to build on the western edge of the White River, Elanco researches and manufactures animal health products for dogs, cats, cattle, swine and poultry.